Leather Accessories are Adorning the World

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• Leather Accessories are Adorning the World
• What are leather accessories?
• Accessories are add-on wearables/carry-around
  items that augment your primary attire.
  Leather-made accessories have become a rage in
  the last few decades. Shoes, jewelery handbags,
  clutches, watch-straps, belts, jackets,
  backpacks, briefcases, wallets, and the list of
  popular leather accessories go on.
• What are the trending leather business ideas?
• There are numerous profitable ideas for the
  leather accessories business. As a new leather
  accessories manufacturer or an existing player
  looking to diversify, you can consider the
  following options
• Ladies' footwear Style divas always look for
  trendy footwear which makes this segment
  perennially popular.
• Leathercraft and home decor items hair
  accessories, wall-hangings, tablet and book
  covers, key chains, belts, etc., are high-selling
  products.
• Leather jewellery Bracelets, earrings,
  bangles, necklaces, etc., made of
  leather, are fashion accessories in high demand
  globally.
• Leather gloves and mittens One hardly
  sees a motorbike advertisement without the
  lead character donning a pair of leather gloves.
  Mittens are also very popular.
• Promotional accessories Leather products have
  become attractive corporate gift items.
  Personalised products such as keychains, leather
  portfolios, bags, wallets, etc., are fast-moving
  promotional materials.
• Watch-bands This is essentially a B2B market
  product with an eternally high demand worldwide.

What is the size of the leather industry in India?
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• Leather has been a historically in-demand product
  in India. The early documented evidence of the
  usage of leather can be traced back to the Vedic
  period, around 3000 BC.
• Nowadays, India is the second-largest exporter of
  leather garments and the fourth- largest exporter
  of leather goods globally. An estimated 1.29
  billion worth of leather goods (excluding
  footwear) were exported from India in
  2021-22, approximately a 36 growth from the
  previous year.
• The total valuation of leather and leather
  products exported from India in 2021-22 stood at
  around 4.87 billion.
• What are the growth drivers for the leather
  industry in India?
• The key impetus for the leather industry comes
  from the following factors
• An abundance of high-quality hide from buffalos,
  sheep, and goats.
• Availability of skilled labour
• Good and supportive governmentt policies, such as
  Make in India
• Strong export tie-ups